The largest technology companies and chief executives donated millions of donations to the opening of President Trump, organized black tie parties and dinner in honor, and allowed them to announce and receive credit for new Multibillion Dollar production projects.
However, Mr. Trump did not return his generous gestures with goodness in less than three months to the second period of the President.
Last week, the sweeping tariffs imposed on Apple will squeeze the iPhone supply chain and make Amazon, Meta, Google and Microsoft to create super computers to strengthen artificial intelligence. The president has reduced federal financing for research on developing technologies such as artificial intelligence and quantum information processing. The handcuffs of immigration encouraged fears that it would cut pipelines for technology capabilities.
The Trump management also showed that it will continue an aggressive regulatory stance on the power of the largest technology companies, starting next week with an antitröst attempt to break the Facebook, Instagram and WhatsApp owner of WhatsApp.
Since the opening, Amazon, Apple, Google, Meta and Microsoft’s united market value fell 22 to 10 percent to 10 percent. And the technology heavy Nasdaq index fell by 21 percent.
The efforts to the court are far from the approach of the industry to the first administration of the industry when many technology leaders are open to the president. With approximately face and praise, managers hoped this time that Mr. Trump could show more postponement to technology, including in their efforts to deregulate industries such as energy and automobiles.
Instead, according to democratic and republican policy experts, Genuflection, Genuflection of Silicon Valley’s senior leaders, may be the misconceptions of Mr. Trump in Washington.
Gigi Sohn, the former senior advisor of the Federal Communication Commission under the Biden administration, said that the relationship between technology managers with the president was “one -way street”. “They give him everything, and in this case he doesn’t promise anything with something good.”
This did not prevent them from experimenting. Last week, Mark Zuckerberg, General Manager of Meta, was in the White House to try to persuade the Federal Trade Commission’s Antitröst case against Meta. Technology leaders, including Google’s General Manager Sundar Pichai, have also visited the White House in recent weeks.
Companies said that they wanted to interact with Mr. Trump on various issues and looked at the long -range effects of their policies. Apple, Google, Meta and Amazon avoided commenting.
The White House did not respond to a request for a comment.
The hostility between the technology industry and Mr. Trump dates back to 2016, approved by more than one technology managers for the president and donated to his campaign. After Mr. Trump was elected, technology leaders criticized the president’s prohibition of immigration for Muslims and his skepticism about Covid-19 vaccines.
Mr. Trump’s first administration filed an antitröst cases against Google and Meta, and took a challenging regulatory stance in the sector. He frightened him against social media and other internet giants to censor him and gather too much power. He also blamed platforms for contributing to the loss of election in 2020.
The public tone of the technology industry against Mr. Trump suddenly changed last year after being injured in an assassination attempt.
Then, Mr. Zuckerberg called him “Badass .. Jeff Bezos, the founder of Amazon, praised Mr. Trump for Grace Grace under fire. Rocket company SpaceX, Electric Car Manufacturer Tesla and Social Media Platform X, Elon Musk, who directed X, approved Mr. Trump and donated and donated $ 300 million to his campaign.
After the election, Apple’s General Manager Tim Cook donated $ 1 million to the opening with Meta, Google and Amazon. Many of the executives made trips to Mar-A-Lago, Mr. Trump’s Palm Beach, the holiday resort in FLA, and at the opening, Mr. Musk, Mr. Bezos, Mr. Zuckerberg, Mr. Cook and Mr. Pichai appeared in the shovel next to the cabinet members.
Bak If you look at the opening, look at the people on that scene – that’s the first time who is against me who is a world, ”he said.
There were some benefits. Mr. Musk now says that a consultant and critics close to the president will receive an award from the proximity of his business. Mr. Trump also signed the executive orders that delayed the sale or ban of Tiktok, which was compulsory by a law that was made by a law in the Chinese parent company of the implementation last year due to security concerns.
Although it reduces its federal financing, Mr. Trump opened the door of a constant light -regulatory touch to AI, where he declared his greatest priority to defeat China in the Global Technology Leadership race. Last month, Google, Microsoft, Meta and other technology giants made suggestions and asked the administration to stay away from the road.
And US regulators almost completely dismantled the government’s pressure in the crypto industry, a variable sector with fraud, fraud and theft. This provides benefits to companies, including the venture capital company Andreesen Horowitz, a major investor in the field.
However, technology companies are still encountering intensifying prints under the current Trump administration.
New leaders appointed to the Ministry of Justice and FTC, Google, Meta, Amazon and Apple against a number of antitröst teams did not show signs of support.
Mr. Trump chose a senior lawyer and vocal technology critic Gail Slater to lead the antitröst department of the Ministry of Justice. Mr. Trump emphasized the importance of the role of suppressing the strong Silicon Valley giants during the announcement.
“Big Tech uses the market power to break the rights of many Americans and small technology, strangling competition in our most innovative sector and as we all know!” Mr. Trump said in an article on the social media platform Truth Social.
The President also appointed Andrew Ferguson as the FTC president next week, expressing his concerns about the power of social media companies, Mr. Ferguson will lead the government’s antitröst attempt against Meta, which he accused Facebook of strengthening monopoly almost ten years ago.
It is not clear whether Mr. Zuckerberg’s efforts to secure a settlement will be successful. Ultimately, any decision on whether or not to continue, said any decision on a conference organized by the Technology Starting Incubator Y combinator in Washington last week.
“The president of the president’s executive body, and I think it is important for me to obey the legal orders, Mr. Mr. Trump said, if he asked if he would file a lawsuit like a commodity case.
“I think the president acknowledges the laws that we need to apply the laws, so I would be very surprised if there was such a thing,” he added.
Perhaps the biggest blow to the technology industry in the form of tariffs last week. Apple, one of the most challenging companies, produces 90 percent of the iPhones sold worldwide in China, where tariffs, which are already 20 percent, are expected to rise to 34 percent this week.
“These tariffs will increase consumer prices and force our trade partners to retaliate,” he said. “Americans will be poorer because of these tariffs.”
